What’s been obvious to consumers in Malaysia is the ‘release’ of petrol (bahan bakar motor as they say in Indonesia), causing the pump cost to rise to RM2.70/l from RM1.92/l.
What I haven’t seen so much of is comments on the rise of gas prices. Here’s a summary:
- Power producers – RM14.31/MMBTU from RM6.40/MMBTU (120% increase)
- Industrial users, low consumers – RM24.54 from 9.40 (160%)
- Industrial users, high consumers – RM32.56 from 11.32 (190%)
Natural gas is used as a raw material for many modern products. So, we can be sure that all chemical industries will hit the rakyat with a price increase which is independent for rising fuel costs.
I wonder how this will effect the Kawasan Industri Petroliam PETRONAS (KIPP) out there in Kerteh? Most of the plants there depend on gas feedstock, for example Petlin, Optimal, Ethylene Malaysia, and the various companies listed below (I would link to the PETRONAS page, but it’s one of those funky frame pages). I guess a round of repricing, efficiency, retreating to core businesses, and mergers is in order.
| Plant: | Ethylene |
| Capacity: | 400,000 TPA |
| Company: | Ethylene Malaysia Sdn Bhd |
| Partners: | PETRONAS, Idemitsu Petrochemicals Co Ltd, BP Chemicals |
| Onstream: | September 1995 |
| . |  |
| Plant: | Polyethylene |
| Capacity: | 200,000 TPA HDPE/LLDPE, 50,000 TPA Pipe compounding |
| Company: | Polyethylene Malaysia Sdn Bhd |
| Partners: | PETRONAS, BP Chemicals |
| Onstream: | May 1995 |
| . | |
| Plant: | Vinyl Chloride Monomer |
| Capacity: | 400,000 TPA |
| Company: | Vinyl Chloride (M) Sdn Bhd |
| Partners: | PETRONAS |
| Onstream: | November 2000 |
| . | |
| Plant: | Polyvinyl Chloride (PVC) |
| Capacity: | 150,000 TPA |
| Company: | Vinyl Chloride (M) Sdn Bhd |
| Partners: | PETRONAS |
| Onstream: | September 2000 |
| . | |
| Plant: | Ammonia / Syngas |
| Capacity: | 450,000 TPA Ammonia, 325,000 TPA Syngas |
| Company: | PETRONAS Ammonia Sdn Bhd |
| Partners: | PETRONAS |
| Onstream: | December 2000 |
| . | |
| Plant: | Acetid Acid |
| Capacity: | 400,000 TPA |
| Company: | BP PETRONAS Acetyls Sdn Bhd |
| Partners: | BP Amoco, PETRONAS |
| Onstream: | November 2000 |
| . | |
| Plant: | Aromatics |
| Capacity: | 420,000 TPA Paraxylene, 145,000 TPA Benzene |
| Company: | Aromatics Malaysia Sdn Bhd |
| Partners: | PETRONAS, MJPX Co Ltd |
| Onstream: | July 2000 |
| . | |
| Plant: | Olefins (Second Cracker ) |
| Capacity: | 600,000 TPA Ethylene, 95,000 TPA Propylene |
| Company: | Optimal Olefins (M) Sdn Bhd |
| Partners: | PETRONAS, The Dow Chemical Company, Sasol Polymers Investments (Pty) Ltd |
| Onstream: | January 2002 |
| . | |
| Plant: | Ethylene Oxide, Ethylene Glycol |
| Capacity: | 140,000 TPA Ethylene Oxide, 385,000 TPA Ethylene Glycols |
| Company: | Optimal Glycols (M) Sdn Bhd |
| Partners: | PETRONAS, The Dow Chemical Company |
| Onstream: | February 2002 |
| . | |
| Plant: | Ethylene Derivatives |
| Capacity: | 30,000 TPA Ethoxylates, 75,000 TPA Ethanolamines, 60,000 TPA Glycol Ethers,140,000 TPA Butanol, 50,000 Butyl Acetate |
| Company: | Optimal Chemicals (M) Sdn Bhd |
| Partners: | PETRONAS, The Dow Chemical Company |
| Onstream: | April 2002 |
| . | |
| Plant: | Low Density Polyethylene |
| Capacity: | 255,000 TPA LDPE |
| Company: | Petlin (M) Sdn Bhd |
| Partners: | PETRONAS, Sasol Polymers of South Africa, Sabic Polyethylenes B.V. |
| Onstream: | February 2002 |
| . | |
Posted by Wata 
Wata - Malaysian Oil and Gas Engineer 